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Gifts of appreciated securities, such as stocks and mutual funds, are excellent ways to support LACMA. Such gifts are simple and may provide a greater tax benefit than an equivalent gift in cash.
A gift of stock owned for more than one year entitles you to an income tax charitable deduction for the full fair market value of the donated asset. If the stock has appreciated, you also avoid any capital gains tax on the appreciation. For assistance in making a gift, please contact Patrick Morrow in the Office of Gift Planning at 323.932.5816 or via email.
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For further information, contact Patrick Morrow,
Office of Gift Planning, at 323.932.5816 or via email.
LACMA Federal Tax ID: 95-2264067
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